For Sale
$2,300,000

1066 Lost Nation RdWilloughby, OH 44094

Historic Uptown Willoughby mixed-use potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.2-acre property in Willoughby, Ohio, presents a unique redevelopment opportunity in the vibrant Uptown Willoughby area. Located at the corner of Lost Nation Road and Lake Shore Blvd, this site is anchored by an existing, operational, and profitable historic mixed-use building. The property is already zoned for mixed-use development and offers a blend of residential and commercial potential, ideal for a developer or management company seeking to create a high-quality, mixed-use community. The site's strategic location benefits from proximity to lakeshore parks, restaurants, and the Executive Airport. A ground lease option is available for a negotiated term, and the existing building, along with assembled parcels (potentially including additional city-owned parcels), is available for sale or lease. The City of Willoughby is also offering abatement programs for new construction, further enhancing the investment appeal. This presents a chance to capitalize on the growing mixed-use market in a desirable location with existing infrastructure and city support. The existing building's tenants and the assembled parcels are included in the sale or lease options. This is a prime opportunity to create a thriving mixed-use development in a thriving community.

Highlights

  • 1.2-acre mixed-use redevelopment opportunity in Uptown Willoughby, Ohio.
  • Corner lot at Lost Nation Road and Lake Shore Blvd, anchored by a profitable historic building.
  • Zoned for mixed-use, offering residential and commercial potential.
  • Prime location near lakeshore parks, restaurants, and the Executive Airport.
  • Sale or ground lease options available, including existing building and assembled parcels (potentially including city-owned land).
  • City of Willoughby offers tax abatement programs for new construction.

Property Details for 1066 Lost Nation Rd

Property type
Land, Apartment buildings
Lot Size (sq. ft)
52,272 SF

Location Insight

City
Willoughby
County
Lake
State
Ohio
Latitude
41.6954488
Longitude
-81.3996082
1066 Lost Nation Rd, Willoughby, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1066 Lost Nation Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message